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Publish Date : 26-Dec-2014

ONE Energy Corporation, a subsidiary of ORIX Corporation, announced today that it formed an alliance with Tama Home Co., Ltd. ("TamaHome") to launch lease and rental services that combine solar panels and storage battery systems on January 1, 2015. ONE Energy will supply customers who order new detached homes from TamaHome with solar panels made in Japan by KYOCERA Corporation and other manufacturers via leasing, along with residential storage battery systems made by NEC Corporation via rental. This leasing and rental arrangement will enable customers to reduce their initial investment outlays and free up their home purchase budgets for home equipment and other amenities.

The use of storage batteries in conjunction with the solar panels will allow customers to not only sell any surplus solar power generated to electricity utilities, but also to store the power and use it later. By storing surplus daytime power and using it at night, customers will be able to reduce the amount of power they purchase from electricity utilities, and this will help to promote lifestyles geared to self-sufficient electricity usage within households. Even in cases where daytime surplus power is sold instead of stored*, electricity bills can be reduced by storing inexpensive nighttime electricity in the storage battery and using it when necessary. During power outages and other emergencies, electricity generated from solar power can also be stored in the storage battery up to its full capacity and used.

There has been a growing awareness of the importance of conserving power following recent hikes in electricity rates and other developments. This has fueled a stronger need among consumers to reduce household expenditures. At the same time, more and more solar power generation systems are being introduced into ordinary households as a renewable source of energy. Against this backdrop, ordinary households are increasingly embracing the approach of skillfully storing power generated at home and using it effectively, and not merely selling all of the solar power generated by utilizing the feed-in tariff system. By promoting the self-sufficient use of electricity within households, the two companies aim to help customers lead even more prosperous and comfortable lives.

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